Category: Christmas/Holiday

Now that you can almost smell the turkey roasting in the oven, you might be in the mood to shop: NerdWallet’s 2018 Holiday Shopping Report found that the nation’s consumers plan to spend an average of $776 on gifts this year, which is $116 more than they said they planned to spend last year. They’ll also be buying more of those gifts with credit cards — almost three-quarters of shoppers surveyed said they plan to buy presents with a credit card, while just 58% of shoppers said that last year. They estimate it will take them just over three months to pay off those purchases. Meanwhile, more than 1 in 4 people who purchased gifts with credit cards last year are still paying off those balances today………..